295-299 High St, Templestowe Lower is a 5 bedroom, 3 bathroom House with 4 parking spaces. The property has a land size of 2137m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
COLLIERS IS PLEASED TO PRESENT 295299 HIGH STREET, TEMPLESTOWE LOWER
FOR SALE BY EXPRESSIONS OF INTEREST (EOI) CLOSING THURSDAY 12 AUGUST 3PM.
Within a proven and family friendly residential market, 295299 High Street has the benefit of planning approval for a medium density townhouse development consisting of eight townhouses.
The vacant land holding commands a site area of 2,137m* and street frontage of 52m*; and is close to
public transport, shopping centres, sports and recreation facilities, health care services, local parks and an abundance of local cafes and eateries.
Key highlights include:
Significant site area of 2,137m*
Permit approved for a boutique development comprising 8 townhouses
Suitable typology of predominantly 3-bedroom townhouses
Quintessential suburban location and position within the heart of Templestowe Lower; a unique and highly sought-after residential area
Zoning & location provides flexibility for alternative developments such as Childcare (STCA)
Proven premium location
Immediate access to public transport
Close proximity to Bulleen Plaza, Macedon Square & Plaza and Doncaster Shopping Centre
Median house price of $1,270,000 (REIV)
Exceptional local amenity including education, health & recreation facilities, as well as ample parklands
*approximately
The size of Templestowe Lower is approximately 5.9 square kilometres. It has 20 parks covering nearly 11.5% of total area. The population of Templestowe Lower in 2011 was 13,152 people. By 2016 the population was 13,448 showing a population growth of 2.3% in the area during that time. The predominant age group in Templestowe Lower is 40-49 years. Households in Templestowe Lower are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Templestowe Lower work in a professional occupation. In 2011, 82.8% of the homes in Templestowe Lower were owner-occupied compared with 80% in 2016.
Templestowe Lower has 6,458 properties. Over the last 5 years, Houses in Templestowe Lower have seen a 15.97% increase in median value, while Units have seen a 28.57% increase. As at 31 August 2024:
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